European exports of paints and varnishes based on acrylic or vinyl polymers in an aqueous medium showed significant shifts in 2023. Germany led the market despite a slight decline, followed by growth in Italy. Spain, alongside major declines in the UK, Netherlands, Belgium, Greece, and Ireland, experienced contractions. Emerging as strong performers were Malta, with a remarkable increase, and countries like Finland, Austria, and Bulgaria showing solid growth. Poland, Portugal, Sweden, and other smaller markets showed moderate increases, with countries like Lithuania and Slovakia, indicating steady growth.
Future trends to watch include potential recovery in major markets with substantial declines, like the UK and the Netherlands, and continued growth in smaller markets as more countries optimize their production capabilities and market reach. Markets with large increases, such as Malta, may continue to thrive by capitalizing on niche opportunities within the industry.
Top countries in Export of Paints and Varnishes, Based on Acrylic or Vinyl Polymers Dispersed or Dissolved in an Aqueous Medium by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 799,580,000 | 2023 | +4.06% | -2.42% | View data |
| 2 | 2 Italy | 488,280,000 | 2023 | -6.54% | +10.01% | View data |
| 3 | 3 Spain | 256,010,000 | 2023 | -37.43% | -4.56% | View data |
| 4 | 4 United Kingdom | 180,920,000 | 2023 | -14% | View data | |
| 5 | 5 Netherlands | 104,080,000 | 2023 | -6.9% | View data | |
| 6 | 6 Portugal | 92,738,000 | 2023 | +3.92% | +0.96% | View data |
| 7 | 7 Sweden | 85,047,000 | 2023 | +2.46% | +3.94% | View data |
| 8 | 8 Poland | 71,574,000 | 2023 | +3.79% | +4.36% | View data |
| 9 | 9 Denmark | 46,955,000 | 2023 | +15.07% | -1.18% | View data |
| 10 | 10 Czechia | 38,342,000 | 2023 |
